US Milestone: Wyoming Launches Multi-Chain State Stablecoin
Wyoming has become the first U.S. state to launch a government-backed stablecoin, unveiling the Frontier Stable Token (FRNT) across seven blockchains including Ethereum, Solana, and Polygon.
Backed by U.S. dollars and short-term treasuries with a 2% overcollateralization buffer. FRNT is designed to deliver secure and transparent digital transactions under strict fiscal oversight. The token will be available through Kraken on Solana and Rain’s Visa-integrated platform on Avalanche, with operations supported by partners like LayerZero, Fireblocks, and Franklin Advisers. This historic move cements Wyoming’s leadership in blockchain regulation. Following more than 45 digital asset laws since 2016.
Clever Robot News Desk 20th August 2025
